5G - AI Multimodal Digitalization
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Datasea Inc. Issues Statement Regarding Recent Market Activity
Prnewswire· 2025-11-18 14:30
BEIJING, Nov. 18, 2025 /PRNewswire/ -- Datasea Inc. (NASDAQ: DTSS) ("Datasea" or the "Company") ,a Nevada-based high-tech enterprise engaged in acoustic technologies and AI multimodal digitalization, today issues a brief statement regarding recent trading activity in its common stock. The Company has observed fluctuations in its share price and trading volume over the past several days. Datasea emphasizes that operations remain normal, the Company's business and financial position are solid, and all core in ...
Datasea Reports Record Fiscal Year 2025 Revenue of $71.62 Million, Up 199% Year-over-Year
Prnewswire· 2025-09-26 13:30
Core Insights - Datasea Inc. achieved a significant milestone in fiscal year 2025, reporting record revenue of $71.62 million, a 198.7% increase from $23.97 million in fiscal year 2024, and reached net income breakeven in the fourth quarter [2][3][7] Financial Highlights - Revenue for fiscal year 2025 was $71.62 million, up 198.7% from $23.97 million in fiscal year 2024 [2][7] - Gross profit increased to $2.44 million, a 415.5% rise from $0.47 million year-over-year [2][7] - The company achieved net income breakeven in the fourth quarter of fiscal year 2025, with a net loss for the year reduced to $5.09 million from $15.7 million in fiscal year 2024, marking a 67.6% decrease [2][7] - Intangible assets grew to $3.50 million, a 540.3% increase from $0.55 million in the prior year, reflecting the success of the company's strategic transformation [7] Business Segments - The AI Multimodal Digitalization segment generated revenue of $70.68 million, representing a 199.49% year-over-year increase, significantly contributing to overall performance [7][10] - Newly developed high-margin customized solutions contributed approximately RMB 8.9 million (US$ 1.24 million) in revenue, emerging as a new growth driver [7][10] - The Acoustic High-Tech segment recorded revenue of RMB 3.7 million (US$ 0.5 million) from comprehensive acoustic solutions, indicating a strategic shift towards high-margin solution products and services [10] Management Commentary - The CEO highlighted the company's transition from building scale to achieving profitability and sustainable growth, emphasizing the success of its dual-engine business model [3][10] - The company aims to maximize shareholder value and has established a solid foundation for long-term goals [3] Business Outlook - Datasea plans to continue advancing its dual growth engines of AI Multimodal Digitalization and Acoustic High-Tech to drive diversified high-tech growth [8][10] - The company is focusing on expanding its presence in healthcare through R&D in acoustics and neuro-regulation, aiming to build a closed-loop system for non-pharmacological health management [10] - Datasea is also pursuing an M&A strategy to enhance its capabilities and market channels in both China and the United States [10]